Nippon Dry-Chemical CO.,LTD., First Half Ordinary Profit Revised Upward by 57%

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Wed Oct 30, 2024 4:00 pm JST Revision

1909 Nippon Dry-Chemical CO.,LTD. 【J-GAAP】

Guidance Update Report

Nippon Dry-Chemical CO.,LTD. <1909> [TSE-S] announced a performance revision after the market closed on October 30th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 57.1%, from the previous forecast of 1.4 billion yen to 2.2 billion yen (compared to 2.48 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 43.6% to 11.4%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 4.45 billion yen(compared to 5.18 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	22,500	1,350	1,400	800	119.4	15	May 13, 2024	J-GAAP
Apr - Sep, 2024 New	23,674	2,200	2,200	1,525	227.6	15	Oct 30, 2024	J-GAAP
Revision Rate	+5.2%	+63.0%	+57.1%	+90.6%	+90.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	24,785	2,146	2,482	1,413	205.1	15	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	23,674	2,200	2,200	1,525	227.6	15	Oct 30, 2024	J-GAAP
YoY	-4.5%	+2.5%	-11.4%	+7.9%	+10.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	50,224	3,858	3,950	2,539	366.5	38	May 11, 2023	J-GAAP
Mar, 2024	55,878	4,775	5,180	3,287	481.5	50	May 13, 2024	J-GAAP
Mar, 2025 Guidance	52,500	4,350	4,450	2,800	417.8	45	May 13, 2024	J-GAAP
YoY	-6.0%	-8.9%	-14.1%	-14.8%	-13.2%